Best and worst time for me, since the next 2 weeks will be the very last of the Yeezy and Adidas drops. Good for getting my grails, bad for my wallet 😂
I’ve been in the business for 35+ years and this video exposes how most of my contemporaries are still blaming the economy instead of making tough decisions to start innovating again I help emerging entrepreneurs design and manufacture American products for the creator economy This video has validated the disruption our industry is experiencing but to continue innovating, emerging designers need to learn how to MAKE STUFF (that’s what sets Rick Owen and Alexander McQueen apart) Discovering creators like you is what motivates industry veterans like me to hang on and keep mentoring 😊
I’m glad about the market right now. I’m old head sb collector 2002 till now, after ‘16ish it’s been tough just getting these dunks now it’s becoming easier again. Not a cake walk but easier.
I still don't get the Champion thing. It was Walmart clothes that got you made fun of. It was about as cool as Payless. Then I see them making $100 sneakers and kiss going ape over it.
Actually it's an awesome time to be a sneaker enthusiasts since he/she doesn't have to jump through hoops and pay ridiculous resell prices in order to buy the shoes that they want. The casual sneakerheads or those who simply bought shoes because they just wanted to be in trend or be "cool" are not buying sneakers anymore. All that's left are those who really are into sneakers and it's a relatively small community. The current economic climate is also not helping as inflation drives prices up especially necessities in which now a lot of people prioritize spending which excludes sneaker purchases. Sneakers going back to simply something you enjoy putting on your feet instead of viewing it as a commodity is the biggest win for me.
Nike Retro-ing KD4 colourways and me being able to get them is something i never thought i could do. But because of the crash and hypebeasts not caring about Nike Basketball i can actually grab pairs for semi decent prices.
I feel like fashion in general from recent memory has just lacked substance and because of the TikTok era. Like everyone tries so hard to showcase they're different and unique that, everyone ends up being the same.
While i appreciate getting two vids on the same day, based on the numbers, it seems that people might think they've watch this one after seeing the first one
It's truly shocking how so many businesses did not see any of these current struggles/ financial headwinds coming. Increased sales and profits whilst people were confined to their homes and travel was heavily restricted. Yet no one predicted a drop off when the restrictions lifted? Sky rocketing costs of living leading to less disposal income? Wonder what will happen there? Businesses now have to pander to one group, shareholders and it's leading to some absolutely moronic behaviours. I think a few of them need to watch your content Reggie. As a sneakehead, I'm happy to see the market return to some semblance of normality. I'm happy to see GRs sitting and be available, I want to see people buying and wearing some really good sneakers.
Reggie, I've heard you allude to having produced a collection in the past. I'd love to see you display it some day and talk about what you like and dislike about it in retrospect, as well as lessons you learned from the process.
When there is a bubble, it will burst. The pumpers will come and go. I'm glad the vultures are mostly gone, I hated seeing IG pages "future release and estimated resell value" (ON WHAT DATA?) and sneaker podcasts taking most of the time about the resell market and how to resell like they dont have backdoor plugs
I just got busted in the head for Jordan 17s so I think the culture is fine it is just the GRs that have trouble moving if it is limited you still see crowds going crazy
The culture isn’t dying. People have to decide whether to buy overpriced resell sneakers or pay off their bills and eat due to inflation. The audience that drove the market up doesn’t have the extra money to buy sneakers anymore. You have fast food places charging outrageous prices for food now that 22 year old that charged his credit card up and buy now pay later account up over the past few years just can’t afford it.
As a reseller, I have a lot of stock that I will not get my money back from. For example, I have some DS pairs of Trophy 🏆 Room 1 that I’ll loose $1400 if I sell them now. I doubt I’ll even get my money back on them. Supreme is still reselling, but not big dollar items. Lots of camp caps. Summary is the economy is shrinking, 3x number of shoe releases per month meaning there is more choice and high volume + small margins is the new reselling norm.
the culture is dying....because now everyone has access to sneakers. so truly it's the opposite, sneaker culture is flourishing while resell culture is dying. two completely different things
Last september, I learned a New Balance store at japan's Ikebukuro Station released an exclusive Triple-Black suede color way of their popular 9060 model, (code U9060BPM), I have yet to see a decent youtube video on those. Were you familiar with that super limited release? This particular model has been heavily bootlegged.
Sneaker culture is doing just fine. Its just the resell market thats taking it on the chin. Which is great for the culture. Get these reselling vultures tf outta here. Sneakers for those that actually like them and wear them. Its a glorious time for actual sneaker heads
This is good! Its like the OG days hahaha you can get sneakers for cheap. Im not even looking at other brands than Nike because i can get them at low prices thank you Nike for over saturating the market hahaha
as a sneakerhead I am happy that prices are going down and hype as well. I was able to get Futura SB Dunks for retail which I never expected. I hope to get more sneakers that I like at retail.
